Today, we are announcing that Microsoft is taking several steps to align the pricing of our Microsoft Cloud products globally, meaning customers will have consistent pricing reflecting the exchange rate of the local currency to the US dollar (USD). Starting April 1, 2023, pricing for Microsoft Cloud products will be adjusted in the following currencies:
- GBP: +9%
- DKK, EUR, NOK: +11%
- SEK: + 15%
In the future, Microsoft will assess pricing in local currency as part of a regular twice a year cadence, taking into consideration currency fluctuations relative to the USD. This will provide increased transparency and predictability for customers globally and move to a pricing model that is most common in our industry.
The Microsoft Cloud continues to be priced competitively, and Microsoft remains deeply committed to the success of its customers and partners. We will continue to invest to enable customers to innovate, consolidate and eliminate operating costs, optimize business performance and efficiency and provide the foundation for a strong security strategy that customers around the world have come to rely on.
What does this mean for you?
From May 2023, you will see an increase in your Microsoft 365 prices. Given the fine margins that exist with our Microsoft Partnership, we have to pass on these increases to you.
We understand this may not come as welcome news, and we feel it too. However, the Microsoft product suite is robust, secure and constantly updated to prevent and still, we think, represents good value for money.
If you are paying monthly – you can lock in your current prices and switch to Annual payments before April 1st 2023 – please contact us to get this process started.
All the best,
The Hosting UK team.